25 days on rocket

Sale Pending

1982-1984 Vernier Rd, Grosse Pointe Woods, MI, 48236

$325,000

Home List Price

$3,859*

Closing Credit

2 Full Baths
2,262 SqFt
$144/SqFt
Multi
Schools Nearby

Location

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1982-1984 Vernier Rd, Village of Grosse Pointe Shores$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGarages, Paved
Year Built1953
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #20240021089
Lot Size0.16 Acres
StatusSale Pending
(Pending)

About 1982-1984 Vernier Rd

Looking for a turn-key rental/income producing investment property, this is the perfect situation! BOTH UNITS TENANT OCCUPIED MONTH-TO-MONTH ON LEASE HOLDOVERS. Great tenants (pay rent on time and pay for their own utilities) would love to stay for a new landlord, but not locked into a lease if someone wanted to buy to owner occupy a unit. Total rent $2700 per month. ( UPPER UNIT IS $1400/MONTH. LOWER UNIT WAS DISCOUNTED TO $1300/MONTH BECAUSE THEY HAD ENTERED INTO A 2 YEAR LEASE AT THE ONSET AND HAD A STELLAR LONG-TERM RENTAL HISTORY AT PREVIOUS ADDRESS.) Could easily be higher but current owners love these great tenants and have not raised rent on them. Beautiful, super clean, upper/lower apartments each with 1150 square feet, two bedrooms/1 bath. Beautifully refinished hardwood floors throughout each. Fireplace in each unit. Updated vinyl windows (2014) and blinds t/o. New roof (2019). Newer furnaces (2) and a/c (2) in July of 2021. Separete utility meters. Per original lease, tenants pay all utilities including water split between units. Lower unit kitchen remodeled with ceramic tile floors, white appliances including diswasher, white cabinets, granite counters & subway tile backsplash. Direct entry to the kitchens in both units from the hall. Baths in both units with updated vanities and quartz vanity counters. Upper unit has a walkin storage closet in the hall adjacent to the unit. Common shared basemnt is divided with separate fenced storage and laundry areas. Two car shared garage. Owner is in the process of renewing the 2-year rental certification through the city and will provide C OF O at closing. New owner must just register to transfer the rental cert in their name. DID I SAY THESE ARE GREAT TENANTS??? Nothing to do but close and start collecting rents:)

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Common Entry Building, Upper/Lower Apartment
  • Year Built: 1953
  • Stories: 2
  • Living Area: 2,262 SqFt

Listing Office:

  • Office Name: EXP Realty - Northville
  • Office Phone: (248) 790-4646
  • Listing Agent: Kristyn St Clair

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Smoke Alarm, Carbon Monoxide Alarm(s), Other, High Spd Internet Avail

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Fenced

Parking Information:

  • Parking: Garages, Paved

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Grosse Pointe North High School, Public District Grades 9-12
  • Parcells Middle School, Public District Grades 6-8
  • Ferry Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: NORTH SIDE OF VERNIER, WEST OF MACK

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $144/SqFt
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Housing Market Comparison

See how this home compares to others in Village of Grosse Pointe Shores, MI.

Med. Sold Price

$483K

Med. Price/SqFt

$239

Avg. Days On Market

5

# of Sold Homes

3

1982-1984 Vernier Rd vs Village of Grosse Pointe Shores

25 DAYS ON ROCKET

+20 Days

$325,000

-$158K Less

$144/SqFt

-$95 Less

KEY TAKEAWAY

This property is $158K less than the Median Sold Price and $95/SqFt less than other homes in Village of Grosse Pointe Shores, MI.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240021089

Listing Office:

  • Office Name: EXP Realty - Northville
  • Office Phone: (248) 790-4646
  • Listing Agent: Kristyn St Clair

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 1:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3121955
6
/10
  • Ferry Elementary School

  • 748 Roslyn Rd

  • 0.68 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3121956
3
/10
  • Parcells Middle School

  • 20600 Mack Ave

  • 1.51 miles

  • Public District Grades 6-8

High School

school-card-donut-3121957
6
/10
  • Grosse Pointe North High School

  • 707 Vernier Rd

  • 0.60 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $187,500. The most common annual income of people living in Village of Grosse Pointe Shores, MI is $200k+. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMichiganWayne CountyVillage of Grosse Pointe Shores482361982-1984 Vernier Rd

This home is located at 1982-1984 Vernier Rd in Grosse Pointe Woods, MI and zip code 48236. This 2,262 square foot home, which was built in 1953, sits on a 0.16 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $325,000.

Village of Grosse Pointe Shores, MI housing market in March 2024 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 1 sold below. The inventory of homes for sale in Village of Grosse Pointe Shores, MI between February 2024 and March 2024 increased by 9.1%. In March 2024 median list price was $483,000 and the average listing age was 5 days.

From Rocket Homes Real Estate and based on county public records data.

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